Brett Raymond Schneider Sells 4,417 Shares of Hexcel Co. (NYSE:HXL) Stock

Hexcel Co. (NYSE:HXL) insider Brett Raymond Schneider sold 4,417 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $81.61, for a total value of $360,471.37. Following the completion of the sale, the insider now owns 10,201 shares in the company, valued at approximately $832,503.61. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Hexcel stock traded down $0.07 on Friday, hitting $81.85. 4,688 shares of the company’s stock traded hands, compared to its average volume of 463,096. Hexcel Co. has a one year low of $53.50 and a one year high of $85.63. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.22 and a quick ratio of 1.28. The company has a fifty day moving average of $81.08 and a two-hundred day moving average of $74.23. The company has a market capitalization of $6.92 billion, a price-to-earnings ratio of 26.85, a price-to-earnings-growth ratio of 2.25 and a beta of 1.09.

Hexcel (NYSE:HXL) last announced its earnings results on Monday, July 22nd. The aerospace company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.88 by $0.06. Hexcel had a return on equity of 21.45% and a net margin of 12.90%. The company had revenue of $609.00 million for the quarter, compared to analyst estimates of $606.03 million. During the same quarter in the prior year, the company earned $0.75 EPS. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. Equities research analysts anticipate that Hexcel Co. will post 3.52 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, August 2nd were issued a $0.17 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $0.68 annualized dividend and a yield of 0.83%. This is a positive change from Hexcel’s previous quarterly dividend of $0.15. Hexcel’s dividend payout ratio is presently 22.30%.

HXL has been the topic of a number of analyst reports. Credit Suisse Group upped their price target on Hexcel from $72.00 to $79.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Zacks Investment Research lowered Hexcel from a “buy” rating to a “hold” rating and set a $86.00 target price on the stock. in a research report on Tuesday, July 2nd. Bank of America restated a “buy” rating and set a $90.00 target price (down previously from $95.00) on shares of Hexcel in a research report on Wednesday, July 24th. KeyCorp upped their target price on Hexcel from $86.00 to $91.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Finally, UBS Group upgraded Hexcel from a “sell” rating to a “neutral” rating and upped their target price for the company from $67.00 to $76.00 in a research report on Thursday, May 23rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. Hexcel has a consensus rating of “Hold” and a consensus target price of $81.05.

Large investors have recently made changes to their positions in the business. Johnson Financial Group Inc. bought a new position in Hexcel in the second quarter worth approximately $34,000. Zions Bancorporation N.A. purchased a new stake in shares of Hexcel during the first quarter valued at approximately $45,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Hexcel during the second quarter valued at approximately $54,000. Machina Capital S.A.S. increased its position in shares of Hexcel by 22.4% during the second quarter. Machina Capital S.A.S. now owns 743 shares of the aerospace company’s stock valued at $60,000 after acquiring an additional 136 shares during the last quarter. Finally, Manchester Capital Management LLC purchased a new stake in shares of Hexcel during the first quarter valued at approximately $68,000. Institutional investors and hedge funds own 93.67% of the company’s stock.

Hexcel Company Profile

Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates in two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in cars, boats, and trains.

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Insider Buying and Selling by Quarter for Hexcel (NYSE:HXL)

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